DGAP-News

SNP AG announces figures for 2014 and outlook for 2015

DGAP-News: SNP Schneider-Neureither & Partner AG / Key word(s):
Forecast/Dividend
SNP AG announces figures for 2014 and outlook for 2015

31.03.2015 / 08:16

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SNP | Corporate News

SNP AG announces figures for 2014 and outlook for 2015

2014 consolidated financial statements:
- Revenue climbs to EUR 30.5 million (up 30%)

- Return to profitability: earnings per share of EUR 0.27 (previous year:
EUR -0.65)

- Operating cash flow rises by EUR 4.6 million

- Dividend proposal: EUR 0.13 per share (up 63%); distribution ratio: 48%


2015 outlook:
- Consolidated revenue between EUR 47 and EUR 49 million

- Operating EBIT margin: 6% minimum

Heidelberg, 31 March 2015 - SNP Schneider-Neureither & Partner AG has
demonstrated the strength of its business model in the 2014 financial year:
In addition to confirming its revenue and earnings forecast, the company
advanced the development of the SNP Group and significantly improved its
competitive position.

"The fact that SNP AG has been successfully operating as a first mover on a
highly dynamic and comparatively young market for 20 years now is both an
inspiration and a source of strength to us on our journey. In order to
secure our future with healthy and sustainable growth, it is our goal to
even better leverage the enormous market potential of the digital
transformation around the world. All the measures for a successful
turnaround have worked. The business of the companies acquired is
progressing very well and their integration is proceeding according to
plan. We are on an excellent path," said Dr. Andreas Schneider-Neureither,
CEO of SNP Schneider-Neureither & Partner AG.

The Executive Board is forecasting consolidated revenue for the 2015
financial year of between EUR 47 and EUR 49 million, and is planning an
operating EBIT margin of at least 6%.

SNP AG generated consolidated revenue of EUR 30.5 million in the 2014
financial year, an increase of 29.5% as against the previous year. In the
Professional Services segment, which essentially comprises consulting
services, revenue was up by 21.6% year-on-year at EUR 22.7 million. The
Software segment saw very strong growth in revenue, which climbed by 59.9%
to EUR 7.7 million. EUR 1.3 million of this related to maintenance services
and EUR 6.4 million to licence revenue.